Brief: Paliburg Holdings Says Applications Made For Resumption Of Trading

Cosmopolitan International Holdings

11/07/2023 16:07

July 11 (Reuters) - Paliburg Holdings Ltd  0617.HK :
    * APPLICATIONS MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES OF EACH OF CENTURY CITY, PALIBURG AND COSMOPOLITAN
    * APPLICATIONS FOR RESUMPTION OF TRADING IN SHARES OF EACH
OF
CENTURY CITY, PALIBURG AND COSMOPOLITAN WEF ON 12 JULY
    * ON 30 JUNE P&R FINANCE ENTERED INTO AMTD SHARES TRANSFER
AGREEMENT
    * VALUEGOOD TO PURCHASE 368.3 MILLION EXISTING COSMO SHARES,
PRICED AT HK$1.70 PER EXISTING COSMO SHARE
    * P&R FINANCE TO SELL 9.5 MILLION AMTD SHARES, PRICED AT
US$8.45
PER AMTD SHARE
    * BOARD PROPOSES TO IMPLEMENT SHARE CONSOLIDATION AND BONUS
ISSUE
    * TO CONSOLIDATE EVERY 10 EXISTING COSMO SHARES IN SHARE
CAPITAL
OF COSMOPOLITAN INTO 1 CONSOLIDATED SHARE

Source text for Eikon:  ID:nHKSbVZqQ0 
Further company coverage:  0617.HK 

 ((Reuters.Briefs@thomsonreuters.com;))